Palau's marine-themed dollar series, launched in the late 1990s, was produced primarily for the collector market rather than circulation — the island nation's actual currency in use is the US dollar. KM#70 belongs to a run of issues contracted through foreign mints targeting thematic coin collectors, a revenue model that many small Pacific states adopted aggressively during this period.
Palau's marine-themed dollar series, launched in the late 1990s, was produced primarily for the collector market rather than circulation — the island nation's actual currency in use is the US dollar. KM#70 belongs to a run of issues contracted through foreign mints targeting thematic coin collectors, a revenue model that many small Pacific states adopted aggressively during this period.